(Reuters) - NEW YORK, March 30 - Enterprise Rent-A-Car on Friday said it agreed to buy Vanguard Car Rental Group Inc., the parent of National Car Rental and Alamo Rent A Car, combining the largest and fourth-largest U.S. car rental companies by revenue.
Terms were not disclosed. Enterprise generated $7 billion of revenue from U.S. rentals in 2006, while Vanguard generated $2.14 billion, according to trade publication Auto Rental News. The combined company would have more than 1 million vehicles.
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